this post was submitted on 02 Feb 2026
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Microblog Memes
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Don’t think crypto is the solution to replacing payment processors. The distributed networks is going to have enormous difficulty scaling to even a fraction of the number of card payments processed each day.
I didn't mean for everything, I meant if crypto could ever fix its shit it could be a useful tool for folks affected by the issues with payment processors
But it would have to be stable in value, not suck for making transactions, and not be wildly wasteful
That won't be the case for long, see here for some quick bites in case you are interested: https://www.growthepie.com/quick-bites/ethereum-scaling
For example, one of the Ethereum L2 rollups mentioned, MegaEth, is expected to have mainnet launch date this month after a 35k TPS stress test.
How?
Visa crypto chief bets on stablecoin settlement, sees volumes growing